NNPC cuts loss by 99.7% – Report

NNPC cuts loss by 99.7% – Report

The Nigerian National Petroleum Corporation (NNPC) says it has recorded a 99.7 per cent reduction in its loss profile from ₦803billion in 2018 to ₦1.7billion in 2019. NNPC disclosed this in its 2019 Audited Financial Statement (AFS), released by Dr kennie Obateru, spokesman for the corporation, in Abuja, on Thursday. It will be recalled that […]
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15 coastal communities faulted over OML 40 oil field claim

15 coastal communities faulted over OML 40 oil field claim

By Paul Olayemi Three communities in Warri North Local Government Area of Delta State, Beresibe, Eghoro, and Ureju have faulted a publication from Fifteen riverine communities in Egbema Kingdom threatening to shut down operations at the Oil Mining Lease (OML) 40 in Gbetiokun oil field over non-recognition of their communities by the Nigeria Petroleum Development […]

ENDSARS Protests: Army warns subversive elements to desist from anti-democratic acts

ENDSARS Protests: Army warns subversive elements to desist from anti-democratic acts

…Vows to defend country & democracy at any cost …Affirms unalloyed loyalty to President Muhammadu Bihari and Constitution By Kingsley Omonobi Against the backdrop of continued EndSARS protests across the country, the Nigerian Army has said it is ready to fully support the civil authority in whatever capacity to maintain law and order. Army Headquarters […]

FEC Okays N33.1bn for roads, railway, e-government

FEC Okays N33.1bn for roads, railway, e-government

…Approves policy on virtual engagement By Johnbosco Agbakwuru – Abuja The Federal Executive Council, FEC, on Wednesday approved over N33.1 billion for the award of contract for the reconstruction of Apapa-Oworonsoki-Ojota Phase Section 2, and the dualisation of Kano-Maiduguri road. The money also covers the supply, deployment, installation, testing and commissioning of security equipment for […]

Edo assembly recalls impeached Speaker, commutes impeachment to resignation

Edo assembly recalls impeached Speaker, commutes impeachment to resignation

By Ozioruva Aliu THE Edo House of Assembly Wednesday recalled the impeached and suspended former Speaker of the House of Assembly, Hon Frank Okiye and then reversed his recent impeachment to resignation. At plenary Wednesday which was presided over by the new Speaker, Hon Marcus Onabun, a motion to that effect was moved by Majority […]

#EndSARS: Complete Police reform is the way to go – NGIJ President

#EndSARS: Complete Police reform is the way to go – NGIJ President

… Says, SWAT can come up later The President of the Nigerian Guild of Investigative Journalists (NGIJ), Ayoyemi Mojoyinola has faulted the establishment of the Special Weapon And Tactics Team (SWAT) unit as an immediate replacement of the Special Anti-robbery squad (SARS) which was disbanded following massive protests by Nigerian youths in reaction against the […]